TECOVAS, INC. has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : TECOVAS 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $549,078 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $217,326 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $187,299 |
Value of total corrective distributions | 2022-12-31 | $28,197 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $937,663 |
Value of total assets at end of year | 2022-12-31 | $2,355,491 |
Value of total assets at beginning of year | 2022-12-31 | $2,023,739 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,830 |
Total interest from all sources | 2022-12-31 | $45 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $49,429 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $49,429 |
Administrative expenses professional fees incurred | 2022-12-31 | $0 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $754,068 |
Participant contributions at end of year | 2022-12-31 | $870 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $183,595 |
Total non interest bearing cash at end of year | 2022-12-31 | $5,203 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $15,913 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $331,752 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,355,491 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,023,739 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $1,830 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $2,349,418 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,007,826 |
Interest on participant loans | 2022-12-31 | $45 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-438,059 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $187,299 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | ARMANINO LLP |
Accountancy firm EIN | 2022-12-31 | 946214841 |
2021 : TECOVAS 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $1,359,340 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $183,112 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $182,427 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,117,472 |
Value of total assets at end of year | 2021-12-31 | $2,023,739 |
Value of total assets at beginning of year | 2021-12-31 | $847,511 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $685 |
Total interest from all sources | 2021-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $36,021 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $36,021 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $569,000 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $548,472 |
Total non interest bearing cash at end of year | 2021-12-31 | $15,913 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $1,176,228 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $2,023,739 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $847,511 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $685 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $2,007,826 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $847,511 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $205,847 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $182,427 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | Yes |
Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2021-12-31 | $0 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | ARMANINO LLP |
Accountancy firm EIN | 2021-12-31 | 946214841 |
2020 : TECOVAS 401(K) PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $450,195 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $41,460 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $40,651 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $338,012 |
Value of total assets at end of year | 2020-12-31 | $847,511 |
Value of total assets at beginning of year | 2020-12-31 | $438,776 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $809 |
Total interest from all sources | 2020-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $14,115 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $14,115 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $295,875 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $42,137 |
Administrative expenses (other) incurred | 2020-12-31 | $809 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $408,735 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $847,511 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $438,776 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $847,511 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $438,776 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $98,068 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $40,651 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | ARMANINO LLP |
Accountancy firm EIN | 2020-12-31 | 946214841 |